Pushed Out New York

The Times Co. will report its fourth-quarter earnings next week, and is projected to announce a sixth-straight year of decreased revenue, totaling $2.33 billion, or a 2.7 percent dip from 2010. Profit dropped in all four quarters, according to projections, with shares down to 41 cents from 46 cents a year prior. “The stock is […]

US May Ban Cotton-Made Products from China’s Xinjiang Region: New York Times

The Times says the ban would be issued by the U.S. Customs and Border Protection, agency, which has in the past put out such orders against individual companies suspected of using forced labor in Xinjiang.  

New York Pride: Twitter Reacts to U.N. Ambassador Claims She and Family Booed at Restaurant During Festival

People advocating for the LGBT community have also previously slammed Haley for her previous form on gay rights. During her time as governor of South Carolina, which she served as from 2011 to January, when she became U.N. ambassador, she spoke out against legalizing same-sex marriage.

Air Travel Sucks, or Why I Love New York

California, it turns out, has no sense of urgency. Our sandaled friends whom we visited on the trip assured us that it was because people there have their priorities all figured out. They know what’s important, and that does not include getting impatient and frustrated over a few minutes of waiting. When I pointed out […]

Nothing Says ‘I Love New York’ Like a $30M Duplex Condo With Central Park Views

Built in 1998, the white-glove tower comes with door attendants, concierge service, valet parking, and allows pets. Other perks include a state-of-the-art fitness center, temperature-controlled wine cellar storage, and 24-hour security. The monthly maintenance cost is $10,986.

Rebuilt 19 years after 9/11, New York’s World Trade Center threatened anew by coronavirus

“People are much more worried about someone coughing on them than someone blowing up a building,” said Vishal Garg, chief executive of mortgage refinance startup Better.com, headquartered at 3 World Trade Center on the site known as Ground Zero.

New York office glut signals market downturn as COVID bites

However, Crowe acknowledged the office sector is in flux and is being priced in the REIT market “almost like it’s the next mall. Like it’s obsolete,” he said. “New York is probably one of the worst real estate markets in the country right now.”

Son of Sulzberger to Return to New York

With the economic walls closing in on the paper, shares of New York Times stock have been cut in half since September, to less than $7 (down from $40 just three years ago). Last month, Times executives said they may lower the paper’s quarterly dividend to avoid the black mark of “junk bond” status to […]

New York Times Company Alerts Boston

Update: According to the Globe, the New York Times company reached agreements with six of the seven unions involved, and will not file the closing notification.N.Y. Times to File Notice It Will Close Boston Globe [WP]At Deadline, No Deal Yet on Boston Globe’s Future [NYT]Agree or else, Globe tells unions [Boston Globe]

Fitness studio owners sue New York City for barring them from reopening with other gyms

The lawsuit was filed Wednesday by members of the newly formed Boutique Fitness Alliance — which represents about 100 group exercise studios in the city — and the New York Fitness Coalition, which comprises about 2,500 combined gyms and fitness studios throughout the state.